Niocorp Developments Ltd (NB)

[tedro84]

That's not what he said. He's showing you the actual information. Here's the source of your information. Further down in the article it shows SCY's actual projections, not their reporting of current pricing as you have used.



Both Scandium International and Clean TeQ Holdings (ASX:CLQ) have stated that scandium prices are too high to allow for widespread adoption. They’ve also suggested that, in addition to reliable supply, cheaper prices will be needed for the metal to gain more widespread use.

Thus, it’s interesting to take a look at the scandium prices being used in technical reports for scandium projects being developed by junior miners:

Scandium International’s 2016 feasibility study for its Nyngan scandium project in New South Wales, Australia assumes a scandium oxide price of US$2,000 per kilogram.
Clean TeQ’s 2016 feasibility study for its Syerston scandium deposit, also in New South Wales, uses a long-term 99.9 percent purity scandium oxide price assumption of US$1,500 per kilogram.
Platina Resources (ASX:PGM) uses a US$500-per-kilogram scandium oxide price in a prefeasibility study for its Owendale project, released in 2017.

https://investingnews.com/daily/resource-investing/critical-metals-investing/scandium-investing/scandium-price-need-to-know/